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The Brazilian government has taken decisive action in its efforts to regulate the online betting market by blocking 2,040 illegal betting sites that failed to meet the requirements for licensing. The move, led by Brazil’s Secretariat of Prizes and Bets (SPA), marks a critical step in the preparation for the country’s fully regulated market launch

In a significant move for the global gaming industry, the American Gaming Association (AGA), European Casino Association (ECA), and Betting & Gaming Council (BGC) have signed a memorandum of understanding (MOU) aimed at addressing shared challenges. The agreement, announced today, signifies a collaborative effort to confront key issues like illegal gambling, responsible gaming, industry innovation,

The Dutch Gambling Authority (Kansspelautoriteit or KSA) has reported significant growth in the regulated gambling market, with the market’s gross gaming revenue (GGR) increasing by 21.2% in 2023, reaching €4 billion. However, the KSA has also raised concerns regarding the country’s channelisation rate, which measures the proportion of gambling activity conducted through legal operators. While

The South African gambling industry experienced unprecedented growth during the 2023-24 financial year, with gross gambling revenue (GGR) reaching an all-time high of ZAR59.3 billion, a significant 25.7% increase from the previous year. This marked a milestone for the industry, driven largely by the explosive growth of the sports betting sector. According to the National

Brazilian President Luiz Inácio Lula da Silva is contemplating an outright ban on online sports betting if the government’s recent regulatory efforts fail to address the growing issue of gambling addiction in the country. Since the legalization of online sports betting in 2018, there has been a dramatic surge in betting activity, raising concerns about

Australia’s BetStop self-exclusion program has reached a significant milestone, with over 30,000 individuals signing up since its launch last August. The initiative, which allows users to self-exclude from licensed online and phone wagering services, aims to support those looking to manage their gambling habits. According to data from the Australian Communications and Media Authority (ACMA),

Wynn Resorts has made history by becoming the first company to receive a commercial gaming license in the United Arab Emirates (UAE). On October 4, the General Commercial Gaming Regulatory Authority (GCGRA) granted Wynn the license for its ongoing project on Al Marjan Island, located in Ras Al Khaimah (RAK). The license will allow Wynn

As of October 1, 2024, Dutch online gamblers are subject to a new set of stringent deposit rules to promote responsible gambling. The measures are part of the Netherlands’ ongoing efforts to ensure player protection, particularly focusing on deposit limits and encouraging self-awareness among players about their gambling behavior. The newly introduced rules include strict

Thailand is moving closer to legalizing casino resorts, as Deputy Finance Minister Julapun Amornvivat pushes for a comprehensive plan to establish entertainment complexes in the country. The finance minister has called on the customs, revenues, and excise departments to devise a tax-collection system for the proposed industry, with a plan expected to be ready by

The UK Gambling Commission (UKGC) has appointed two new experts, Dr. Virve Marionneau and Dr. Spencer Murch, to its Advisory Board for Safer Gambling (ABSG). This move is aimed at enhancing the board’s expertise in gambling harm prevention, especially as the gambling industry continues to evolve with new technologies and international regulatory challenges. The ABSG,

The Swedish gambling regulator Spelinspektionen has announced that the country’s channelization rate for the online gambling market has reached 86% for 2023, reflecting an improvement over the 77% recorded the previous year. This figure exceeds the forecasts made by several operators, including Aktiebolaget Trav och Galopp (ATG), which had predicted the rate would fall between

In response to new federal betting regulations, the Brazilian government implemented significant changes in September with the introduction of Normative Ordinance No 1,475. This ordinance allowed only operators who had already applied for a federal betting license and were actively operating to continue doing so until the official launch of the regulated market on January

Playtech, the leading provider of technology and content for the online gambling industry, has reported robust results for the first half of 2024, highlighting its successful expansion across key markets, especially in the U.S. and Canada. Total revenue for the six-month period ending June 30, 2024, increased by 5% to €906.8 million, with adjusted EBITDA

In August, both Nevada and Mississippi released their monthly gambling revenue reports, showing varying trends in their respective markets. While Nevada experienced a dip in overall gambling revenue due to a decline in slot machine activity, Mississippi saw growth in its retail sports betting market. These results offer insight into the shifting dynamics of gambling

Roberto Campos Neto, president of Brazil’s Central Bank, has voiced alarm over the exponential rise of online betting in the country, particularly highlighting the growing involvement of low-income individuals, including recipients of Bolsa Família. The dramatic uptick in Pix transfers to betting platforms, which has seen a surge of over 200% since January, is stoking

Recent findings from the American Gaming Association (AGA) reveal a dramatic rise in responsible gaming (RG) investments across the gaming industry. The research highlights that industry spending on RG programs has soared to $471.8 million annually, reflecting a significant 72% increase from $275 million in 2017. This rapid growth outpaces the increase in gaming revenues

The Swedish Gambling Authority (Spelinspektionen) is taking new steps to intensify its battle against illegal gambling outside the country’s licensing system. This move aims to protect Swedish consumers, public health, and tax revenues, which are threatened by unregulated gambling activities. The authority has announced that it will produce a comprehensive “situation description” to provide an

Within a year of legalizing online gambling in Canada, a surge in public complaints about the volume and content of gambling advertisements has raised concerns. A new study released by the Canadian Gaming Association (CGA) highlights that regulators may be acting more quickly than the available evidence supports. This could result in policies that don’t

The UK’s Advertising Standards Authority (ASA) has banned several social casino ads promoted on TikTok. The ads, created by SpinX Games Ltd, Dataverse Co Limited, Huuuge Global Limited, Mobee Co Ltd, and Zeroo Gravity Games LLC, were flagged for misleading consumers into thinking they could win real-world money. The ads in question showcased slot-like games

Steve Cohen, the billionaire hedge fund manager and owner of the New York Mets, has intensified his efforts to develop a casino and entertainment complex near Citi Field. His latest proposal, known as Metropolitan Park, seeks to transform the 50-acre parking lot west of Citi Field into a vibrant entertainment hub that includes a casino,